Blog


  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

Faruqi & Faruqi

Delaware Amends General Corporation Law Expressly Permitting Captive Insurers To Provide D&O Coverage

Posted by Faruqi & Faruqi on 03/07/2022

On February 7, 2022, Delaware Governor John Carney signed Senate Bill 203 amending Section 145(g) of the Delaware General Corporation Law ("DGCL"). The amendments permit Delaware corporations to obtain directors' and officers' ("D&O") liability insurance from a captive insurance company. In brief, a captive insurance company is an insurer ...

Read more

Carolyn A. McGuigan

Construction Worker’s Damages Award Significantly Reduced on Appeal

Posted by Carolyn A. McGuigan on 03/04/2022

Last month, in Fortune v New York City Hous. Auth. (2022 NY Slip Op 00169), the Second Department heard an appeal to reduce damages awarded to a construction worker after a co-worker fell on him on a job in Brooklyn in 2016. The defendants, which included the New York City Housing Authority, argued that previously decided cases involving similar ...

Read more

Katherine M. Lenahan

Part-Time Rapper And Husband Charged With Conspiring To Launder Billions In Stolen Bitcoin

Posted by Katherine M. Lenahan on 03/02/2022

Earlier this month, federal agents seized over $3.6 billion of stolen Bitcoin and arrested Ilya Lichtenstein and Heather Morgan for conspiring to launder the cryptocurrency stolen in 2016 from Bitfinex, a Hong Kong-based cryptocurrency exchange. It is the largest financial seizure in the U.S. Department of Justice's history. According to the ...

Read more

Thomas T. Papain

SEC Focuses on Cybersecurity for Public Companies, Proposes Rules to Enhance Cybersecurity for Advisers and Funds

Posted by Thomas T. Papain on 03/01/2022

The effort to keep up in the cybersecurity race seems to be a constant challenge for everyone these days. In a speech this past January to the Northwestern Pritzker School of Law's Annual Securities Regulation Institute, U.S. Securities and Exchange Commission Chair Gary Gensler focused on the importance of cybersecurity, including the prevalence ...

Read more

Camilo Burr

U.S. Soccer and the Women’s National Team Reach $24 Million Settlement

Posted by Camilo Burr on 02/28/2022

On February 22, 2022, the U.S. Soccer Federation and players on the women's national team reached a $24 million settlement, ending a six-year battle over equal pay and pay discrimination in the sport. U.S. Soccer has agreed to pay $22 million to the players as back pay and $2 million to "benefit U.S. national women's team players in their ...

Read more

Ben Heikali

Class Action Trend: Sunscreen Manufacturers Continue To Be Pounded Over Reef Safety Claims

Posted by Ben Heikali on 02/25/2022

Since September 2021, at least 10 class actions have been brought against various sunscreens manufacturers, all challenging claims made on the front label about the safety of the sunscreens to coral reefs. Some of the brands challenged include popular household brands, such as Banana Boat, Hawaiian Tropic, Kroger, and Target's Up & Up. All ...

Read more

Joshua Nassir

Changes To Baby Food Loom On the Horizon: Perrigo Agrees To Reduce Lead In Infant Formula Products

Posted by Joshua Nassir on 02/24/2022

On February 4, 2021, the United States House of Representatives Committee on Oversight and Reform's Subcommittee on Economic and Consumer Policy issued its "Baby Foods Are Tainted with Dangerous Levels of Arsenic, Lead, Cadmium, and Mercury" report, On February 4, 2021, the United States House of Representatives Committee on Oversight and ...

Read more

Ruhandy Glezakos

Immigrant Detainees Win Retrial In $1-A-Day Wage Case

Posted by Ruhandy Glezakos on 02/16/2022

In a big win for immigrant detainees, a federal jury found that private prison GEO Group ("GEO") broke Washington employment law by paying immigrant detainees only a dollar-a-day for labor performed at an ICE detention center in Washington. The work was performed as part of GEO's work program, which paid detainees a dollar-a-day to clean floors, ...

Read more

Timothy J. Peter

Fake Covid Test Scams: Four Tell-Tale Signs To Watch Out For

Posted by Timothy J. Peter on 02/14/2022

The FTC recently issued a warning that they have seen an uptick in the online sale of fake at-home Covid testing kits. To avoid falling prey to these scam artists, consider taking the following steps: 1) Check to make sure that the test you are purchasing is authorized by the FDA. A list of approved Antigen tests can be found here and a list ...

Read more

Alex Hartzband

New York City to Require Salary Transparency in Job Postings

Posted by Alex Hartzband on 02/11/2022

On January 15, 2022, the New York City Council enacted an amendment to the New York City Human Rights Law—already one of, if not the, most expansive anti-discrimination statutes nationwide—which will require employers to list salary information in job postings. The new law is part of an effort to address pay inequity through transparency. ...

Read more

Finding us

Our Offices


Our offices are nationwide. If you have any questions about a case or our firm, please contact us.

New York

685 Third Avenue 26th Floor
New York, New York 10017
(212) 983-9330
(877) 247-4292
(212) 983-9331

California

1901 Avenue of the Stars Suite 1060
Los Angeles, California 90067
(424) 256-2884
(424) 256-2885

Georgia

3565 Piedmont Road NE Building Four, Suite 380
Atlanta, Georgia 30305
(404) 847-0617
(404) 506-9534

Pennsylvania

1617 JFK Boulevard, Suite 1550
Philadelphia, Pennsylvania 19103
(215) 277-5770
(215) 277-5771

Faruqi & Faruqi office in New York, New York

Faruqi & Faruqi office in Los Angeles, California

Faruqi & Faruqi office in Atlanta, Georgia

Faruqi & Faruqi office in Philadelphia, Pennsylvania